Chinese DEX Sun Wukong reveals $64.14M in reserves

On November 12, 2025, Sun Wukong, a Chinese decentralized contract exchange, unveiled its proof-of-reserves page, showcasing stablecoin reserves of $64.14 million and a 100% reserve ratio. This move is crucial in the cryptocurrency landscape, where trust and transparency are paramount. By providing clear evidence of its reserves, Sun Wukong aims to reassure traders and investors, potentially enhancing its reputation in a competitive market. The initiative aligns with a broader trend among cryptocurrency platforms to adopt transparency measures, which can help mitigate concerns over liquidity and stability in decentralized finance.